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Is the elephant stepping on its trunk? The problem of India´s unbalanced growth
Douhan, Robin; Nordberg, Anders - 2007
It is often assumed that recent success in the high-technology software industry will lead India's development. However, evidence suggests that basic manufacturing industry is stagnant. This paper proposes a mechanism that ties these two trends together. A big-push type of model, featuring...
Persistent link: https://www.econbiz.de/10010321626
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Cultural diversity, geographical isolation, and the origin of the wealth of nations
Ashrafy, Quamrul; Galorz, Oded - 2011
new technological paradigm, which delayed their industrialization and, hence, their take-off to a state of sustained … development in the agricultural stage but has had a negative impact on income per capita in the course of industrialization; and … economic development in the process of industrialization. …
Persistent link: https://www.econbiz.de/10010284033
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For a fair and effective industrial climate transition: Support measures for heavy industry in Belgium, the Netherlands and Germany
Bollen, Yelter; Van Hauwaert, Tycho; Beys, Olivier - 2021
Europe's industrial base needs to undergo a swift and persistent transformation towards carbon neutrality and circularity, but this transition must happen in a fair and socially just manner. In this working paper, we evaluate the support mechanisms for heavy industry which have been put in place...
Persistent link: https://www.econbiz.de/10014565946
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Capital-skill complementarity and the emergence of labor emancipation
Ashraf, Quamrul H.; Cinnirella, Francesco; Galor, Oded; … - 2017
plausibly exogenous source of variation in early industrialization across regions of nineteenth-century Prussia, capital …
Persistent link: https://www.econbiz.de/10011669329
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Macroeconomic effects of China's financial policies
Chen, Kaiji; Zha, Tao - 2018
The Chinese economy has undergone three major phases: the 1978-97 period marked as the SOE-led economy, the 1998-2015 phase as the investment-driven economy, and the new normal economy since 2016. All three economies have been shaped by the government financial policies, defined as a set of...
Persistent link: https://www.econbiz.de/10012030278
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Flowers of evil? Industrialization and long run development
Franck, Raphaël; Galor, Oded - 2018
This research explores the effect of industrialization on the process of development. In contrast to conventional … steam engines across French departments during the early phases of industrialization, the research establishes that … intensive industrialization in the middle of the 19th century increased income per capita in the subsequent decades but …
Persistent link: https://www.econbiz.de/10012058637
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The research university, invention, and industry: Evidence from German history
Dittmar, Jeremiah E.; Meisenzahl, Ralf R. - 2022
We examine the role of universities in knowledge production and industrial change using historical evidence. Political shocks led to a profound pro-science shift in German universities around 1800. To study the consequences, we construct novel microdata. We find that invention and manufacturing...
Persistent link: https://www.econbiz.de/10013479452
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A shackled revolution? The Bubble Act and financial regulation in 18th century England
McColloch, William - 2013
Revisionist estimates of growth rates during the British industrial revolution, though largely successful in presenting a more modest picture of Britain's 'take-off' prior to the 1830s, have also posed fresh analytical difficulties for champions of the new economic history. If 18th-century...
Persistent link: https://www.econbiz.de/10010369483
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Growth Complementarity Between Agriculture and Industry: Evidence from a Panel of Developing Countries
de Souza, Joao Paulo A. - 2014
notion that agriculture plays key macroeconomic roles in the industrialization of developing countries by relieving saving …
Persistent link: https://www.econbiz.de/10010457043
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Cultural assimilation, cultural diffusion and the origin of the wealth of nations
Ashraf, Quamrul; Galor, Oded - 2007
industrialization and, thereby, their take-off to a state of sustained economic growth. The theory contributes to the understanding of … innovation and their ability in fostering industrialization, the proposed theory suggests that the desirable degree of the …
Persistent link: https://www.econbiz.de/10010318954